HAMILTON, OHIO – July 18, 2024 — OPW announced today that it has completed the acquisition of Demaco, a provider of vacuum jacketed piping and other cryogenic equipment for gas producers, research institutions, EPC contractors, and end-users of liquefied gasses within various end-markets. Demaco will become part of the OPW Clean Energy Solutions business unit.
Established in 1960, Demaco is headquartered in Noord-Scharwoude, The Netherlands, and employs 150 people. It designs, manufactures, and installs cryogenic components and systems, with a strong global focus on hydrogen, cryogenic and other industrial gas markets. Leveraging the current OPW operating scale and capabilities is expected to yield significant growth and offer benefits to both OPW and Demaco customers. Demaco products and services are highly complementary to the existing OPW Clean Energy Solutions (“OPW CES”) business unit and will further expand the product offerings of OPW on a global basis.
“This acquisition marks a significant milestone in the OPW expansion strategy, enhancing our capabilities and broadening our product offerings to meet the growing demands of the clean energy market worldwide,” said Kevin Long, President of OPW. Similar to RegO and Acme Cryogenics businesses within OPW CES today, Demaco has been serving the cryogenic and industrial gas industry for many years with an intense focus on delivering the most advanced infrastructures for their customers across the globe. With Demaco joining the OPW CES team, we are poised to drive innovation and growth in the cryogenic and industrial gas markets, solidifying our ability to serve our customers with advanced technological solutions.”
To learn more about the complete range of clean energy equipment and services offered by the companies of OPW Clean Energy Solutions, please visit opwglobal.com/expanding-horizons/.
About OPW Clean Energy Solutions
OPW Clean Energy Solutions was formed in December 2021 when OPW acquired both ACME Cryogenics and RegO® Products. ACME is a leading provider of mission-critical cryogenics products and services that facilitate the production, storage and distribution of cryogenics liquids and gases. RegO is a leading provider of highly engineered flow control solutions for cryogenic and liquified gas end markets. Together, they are taking OPW beyond conventional fueling solutions and helping define what’s next for alternative energy markets. For more information on OPW Clean Energy Solutions, please visit opwces.com.
About Demaco
Demaco is an expert in the field of cryogenic technology. Building infrastructures to facilitate the transport and application of industrial gases at extremely low temperatures between -160 and -271°C. As a cryogenic supplier, Demaco advises, designs, develops, builds, tests and installs high-quality customer-specific vacuum-insulated solutions for both standard or highly advanced projects. Backed by years of experience and a passion for our work, we continuously deliver the most advanced infrastructures for companies in the cryogenic industry.